They pulled dow back to ALMOST 9750. It would be easy it it gets to the exact number because everyone is waiting for that..........RSI on DIA finally at low 30 earlier...even the market dropped so quickly for a few days, RSI was not that oversold. ealier this morning it was. Look at the daily chart we ca see that.
C....................good time to get in, pulled back so much to $3.60 support. very low rsi..it used to be over 72 ...way oversold.
BIDU..........hod CRM.......amazing.....$72 was great support. panicking pulled it to $71.50 pre-mrkt......higher than yesterday's high now...
There are so many financial stocks having the same bullish reversal candles at this time...good to buy FAS.....
Erin of CNBC is in Newport Beach CA with Pimco. I wish I could have lunch with her to talk about CNBC........ Market is trying to make a decision wether to let the bulls have it or the bears to keep pushing down.................. Big money wants it to go down so they can steal more shares.......even market is only +75 now, many good stocks have higher than yesterday's high............ They like to pull it down to key support (low of 1000 points drop 5/6), pulled it up due to shorts covering at key support, test key support again and go from there..up..unless Europe behaves like loosers. Correction of over 10% in not many days should be enough.
PIMCO's Gross is talking about bonds now on CNBC..speaking of bonds, Janus flexible bond fund delivered good performance for many years. I like it because it's not down much when underperformed. http://finance.yahoo.com/q/pm?s=JANFX+Performance